6 More Dividend Champions With High Yields And High Growth

Oct. 07, 2022 1:00 PM ET, , , , , , 9 Comments
Wyo Investments
2.92K Followers

Summary

  • Dividend champions are companies that have raised the dividend for 25 years. These are coveted by DGI investors because of the dividend safety they represent.
  • In part 1, I covered companies from the financial, health care, and materials sectors. This article covers retail, industrials, and utilities.
  • I present 6 companies that have higher starting yields and faster dividend growth and discuss the valuations of each.

Trophy

kaisersosa67

Dividend champions are companies that have raised their dividend for 25 consecutive years. At present, 143 companies meet this criterion. Achieving this feat is challenging because it requires a company to keep growing through various economic and competitive environments.

This article was written by

2.92K Followers
I spent 20 years in the natural resource sector in project development, project management, and business development. I typically invest in dividend growth stocks, although I do have an large investment property portfolio. In the past I have invested using momentum strategies, option strategies, and focused on growth stocks. However in 2009 I converted almost entirely to dividend growth investing as I found this was most in line with my investing goals, and allowed me to sleep easy at night! While I "retired" at 42, so I could be home to take my daughter to school, pick her up, and attend her events every day.  My many areas of investing allowed me to do this relatively comfortably, although time will tell if I stay retired. UPDATE: I recently accepted a position, not because I had to, but because I wanted to. It's amazing the difference work is when you are choosing to be there, rather than having to work.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CAT, HD, LOW, ITW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
ATO--
Atmos Energy Corporation
CAT--
Caterpillar Inc.
GRC--
The Gorman-Rupp Company
ITW--
Illinois Tool Works Inc.
LOW--
Lowe's Companies, Inc.

Related Analysis